Announcement on 3% APR on the 22nd Day for USDT Incentive Plan (2019.08.06 PDT)

We have completed the twenty-second day of the TRC20-based USDT 30million incentive plan to early TRC20-based USDT users. Please check your account for the rewards accordingly. All addresses in the TRON MainNet with TRC20-based USDT are eligible to receive proportional reward, no additional procedures needed.

According to the plan, the snapshot took place on 9:00am of August 5th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 3% annualized rate). The block height marked 11595804 with a timestamp of 1565020866000.

At the time of the snapshot, the total amount of TRC20-based USDT was 107,402,009.988298. The total amount of TRC20-based USDT rewarded was 7,692.279568 and a total of 1683 accounts received the reward. According to the USDT price on Bitfinex on August 5(PDT), the total value of the reward was equivalent to $7,769.202364.

As of August 5, the total amount of TRC20-based USDT rewarded in 22 days was 704,784.608063 USDT and a total of 35437 accounts received the reward. According to the USDT price on Bitfinex, the total value of the reward in 22 days was equivalent to $707,356.59188.

The next snapshot for the APR of 3% reward will take place on the 6th of August at 9:00am(PDT) and it will be sent within the next 24 hours. The following incentive plan is as follows:

This TRC20-based USDT reward campaign features:

Longer duration: the entire incentive plan will last for 31 days;

Higher reward: APR 100% as maximum reward;

Free of charge: zero cost for users to receive rewards;

Larger Reward Pool: calculating based on the current circulation of TRC20-based USDT, the overall reward spending could be as high as 200 million RMB, without hardcap.

We will decide if there will be an extension of the plan or a new plan instead based on community feedback.

NOTE: The actual incentive plan strategy and time may be different depending on the situation.